$2,888,000
For sale: Detached

LUXURY BEGINS WITH LOCATION. Set within the prestigious Thompson Orchard enclave in the Kingsway area, this exceptional ravine property presents a rare opportunity to renovate the existing home or build a custom residence in one of Etobicoke's most coveted and established areas. Boasting approximately 92 feet of frontage, backing onto the serene beauty of Mimico Creek, and situated on a quiet dead-end street, the property offers exceptional privacy, breathtaking natural surroundings, and a premium estate setting rarely found within the city. Positioned high above the ravine, the lot enjoys a commanding elevated topography that enhances both its architectural presence and long-term desirability. Surrounded by mature trees and lush greenery, the setting evokes the tranquility of an exclusive Muskoka retreat, yet is conveniently close to top-rated schools, shops, restaurants, premier golf clubs, parks and trails, Pearson Airport, subway access, downtown Toronto, and the lakeshore beaches. This is a rare opportunity for the discerning buyer to design and build a signature luxury residence within one of Toronto's most affluent and established west-end areas. The existing bungalow offers approximately 1,800 sq. ft. of living space, featuring a full lower level with two walk-outs and an oversized two-car garage. The property was previously approved for an approximately 5,300 sq. ft. custom home, underscoring the scale and potential of what can be achieved on this exceptional site.
Sold data
Homes in Stonegate Queensway took a median of 12 days to sell over the last 90 days, with the quickest quarter selling within 7 days and the slowest quarter taking more than 23, across 56 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $1,266,450.
Homes sold for about 2.0% below asking on average, so there was room to negotiate.
About 32% of sales closed above the list price.
Around 11% of sellers reduced their price before finding a buyer.
Based on 56 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Stonegate-Queensway) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$2,788,000
Detached117 CITATION DRIVE, Bayview Village, Toronto

$2,649,000
Detached9 FENWOOD HEIGHTS, Cliffcrest, Toronto

$2,600,000
Detached1066 STOCKWELL AVENUE, Lorne Park, Mississauga

$2,590,000
Detached92 WARWOOD ROAD, Islington-City Centre West, Toronto

$2,990,000
Detached52 PROCTOR AVENUE, Grandview, Markham

$2,999,900
Detached41 KENNEDY STREET W, Aurora Village, Aurora

$2,949,000
Detached30 EDGEWOOD CRESCENT, Rosedale-Moore Park, Toronto

$2,298,000
Detached110 CHATSWORTH DRIVE, Lawrence Park South, Toronto